Xingwang Ruijie plans to invest 100 million yuan to set up a wholly-owned subsidiary of intelligent manufacturing in Haixi Park, Fuzhou High-tech Industrial Development Zone

On January 19, Starnet Ruijie (002396) recently announced that Fujian Starnet Ruijie Communication Co., Ltd. (hereinafter referred to as "the Company", "the Company" or "Starnet Ruijie") in order to improve the strategic layout of the company's smart technology industry, accelerate the improvement of intelligent manufacturing capabilities, and enhance the overall competitiveness of the company, the company intends to use its own funds to set up a wholly-owned subsidiary of intelligent manufacturing in Haixi Park, Fuzhou High-tech Industrial Development Zone, with an investment amount of 100 million yuan.

The basic situation of the investment target:

Proposed company name: Fujian Xingwang Intelligent Manufacturing Technology Co., Ltd. (tentative name, the final industrial and commercial registration shall prevail)

Registered address: Haixi Park, Fuzhou High-tech Industrial Development Zone

Registered capital: RMB 100 million

Type of company: Limited liability company

Business scope: computer software development, production, provision of technical services, technical advice, computer network system integration; computer software and hardware integration; computer equipment, software and its ancillary equipment sales, installation, leasing; Internet of Things technology development, technical services, technology transfer; security system monitoring services; Internet business operations; Internet value-added services; home and public community intelligent product development, production, sales and service; warehousing services; maintenance services; supply chain management and related supporting services ; self-owned housing leasing and property management services; import and export of goods; production equipment leasing; domestic freight transport agency) and so on

Source of funds: the company's own funds

Share capital structure: 100% of the company's shares

The above content is subject to the approval and registration of the local industry and commerce department.

The purpose of foreign investment: China, as the world's leading manufacturing power, with the development of artificial intelligence technology and the acceleration of the transformation and upgrading of traditional manufacturing enterprises, the intelligent manufacturing industry has entered a period of rapid development, and has become an important driving force for the "integration of two modernizations" and high-quality development of China's manufacturing industry. Starnet Ruijie has continued to invest in the field of intelligent manufacturing applications for many years, has formed a unique application solution and core competitiveness, through the establishment of intelligent manufacturing professional subsidiaries, further improve the strategic layout of the company's smart technology industry, accelerate the improvement of the company's intelligent manufacturing capabilities, is conducive to improving the market competitiveness and sustainable development capabilities of Starnet Ruijie. At the same time, the implementation of this project is in line with the relevant policies of the state and the company's strategic development plan.

Impact on the company: All the foreign investment funds are the company's own funds, and there has been a long-term accumulation of intelligent manufacturing, which will not have a significant impact on the company's financial situation and operating results. The implementation of this investment will integrate the company's relevant intelligent manufacturing resources, accelerate the strategic layout of the intelligent manufacturing industry, and enhance the company's intelligent manufacturing capabilities and overall competitiveness.

According to the data of Digbei Network, the main business engaged in by Starnet Ruijie is to provide information solutions for enterprise-level customers. The company's main products include network communication equipment, cloud computing terminals, payment POS, communication products, video information applications, Internet of Vehicles and other fields. It is mainly used to meet the relevant needs of enterprise-level users.

This article originated from the digging shell network